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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (33393)5/9/2003 7:09:37 PM
From: Raymond Duray  Read Replies (1) of 74559
 
Jay,

Re: You described the post correctly, having meant to or not.

I got lucky. I had 50/50 chances. <g>

*******
Re: trimmed back on Q at prices substantially higher than now.

To believe PBS's Frontline, trimming back on American equities is going to be the healthiest thing any "retail" investor can do for the foreseeable future:

pbs.org

The take away message from this program, which aired last night, is that Wall Street has arrogantly failed to engage in the self-policing necessary to make the markets safe for individual investors, and has intimidated the governmental watchdogs, such as the SEC and the NY-Attorney General into meek acquiescence to outrageous arrogance on the part of very powerful and determined criminals like Citigroup's Sandy Weill.

-Ray
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